Frequently asked questions

How high should the share of my assets in precious metals amount to?

Usually between 20 and 50 percent. The international financial system still faces a tug-of-war. A total loss of all monetary assets is therefore always possible. An additional risk lies in the secret devaluation of financial assets by the unrestrained policy of central bank expansion of the money supply.

Is it true that the purchase of gold is VAT exempt?

Yes. You pay no sales tax on gold.

3. And with other precious metals?

For precious metals such as silver, platinum and palladium there is a sales tax of 8 % since January 1, 2011.

Is there interest on precious metals?

No.

Is physical gold ownership expensive compared to gold certificates?

No. Certificates will be subject to an issue premium, which may be even greater than the mark-up on the purchase of physical gold. In addition, there is a deposit and administration fee, which usually exceeds the cost of own storage plus insurance. Likewise, certificates are only "monetary value" until the issuer - the bank - is insolvent. Depending on the domicile, a profit tax applies to paper gold.

6. Where can I find out about the current developments in the gold market?

On our homepage under the category "precious metals - gold" Precious Metals – Gold

Is Swiss Edelmetalle a bank?

Nein. Swiss Edelmetalle ist kein Edelmetallhändler, sondern hat sich auf die Lagerung von Sachwerten spezialisiert.  Durch unsere Partnerfirmen können Sie diese Preisvorteile unmittelbar nutzen.

How big is the danger of a gold ban?

Gering. Low. Political and economic elites invest in gold themselves to save their assets in the event of a system collapse. The likelihood that they are virtually forbidding themselves their gold is relatively low. Nevertheless, one should be vigilant. Look for possible signs of a gold ban, e.g. a campaign against physical gold ownership launched by politicians and other groups.

9. Ich habe von gefälschten Gold-Barren gehört – kann ich mir sicher sein, dass die vermittelte Ware von Swiss Edelmetalle echt ist?

There are two possibilities of forgery. Either the gold content of the fake gold billet is stretched by metals such as copper or palladium, of which the ingot does not contain fine gold with a purity of 999.9 per thousand, but only 900 per thousand and sometimes even less. Sample purchases on ebay showed that a large part of the gold bullion offered there was fake.

Another method of forgery is to fill the ingot with a tungsten core. The shell of the ingot continues to be made of fine gold. In an analysis of the fine gold content of the billet only material of the shell is removed and subjected to analysis. In this case, the forgery would not attract attention.

Tungsten is used by counterfeiters because the density of tungsten and gold is about the same. The same volume of gold weighs about as much as the same volume of tungsten. A lead core, for example, would attract attention by the fact that the ingot would have a higher water displacement (a higher buoyancy) with the same weight than a real gold ingot (Archimedes' principle).

Forgery with tungsten would only make sense for large gold bars. In the cases reported, there were 12.5 kg bars containing a tungsten core. Worthwhile, this process appears only for bars weighing 400 oz. (London Good Delivery Bars), from 100 oz. (COMEX standard bars) and 1 kg bars. At over 3,400 degrees Celsius, tungsten has more than three times the melting point of gold.